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You searched for the term Income protection Your search returned the following 40 results...
 
  • Our recent changes could help make the income protection sale easier - Royal London for advisers

    Our recent changes could help make the income protection sale easier Sarah Scott 29 April 2019 In 2018, our research found that almost four times more people owned life cover than an income protection product*. And with 25% saying they felt that income protection was too expensive1, it was clear...

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    Personal

    Income protection

    Personal protection

  • Income Protection Insurance - Royal London for advisers

    Income Protection Our Income Protection can help your clients rest a bit easier, knowing they'll get a monthly income if they're sick or injured and can't work. Your clients can choose between level or increasing cover, they can select the length of their deferred period, and choose how long...

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    Personal

    Income protection

  • Product details of our Income Protection - Royal London for advisers

    Product details of our Income Protection Find out more about our Income Protection and how your clients can choose their own cover to suit their individual business needs. Plan choices – Income Protection Limits of Income Protection Increasing Income Protection Minimum benefit amount Duration...

  • Approaching income protection - Royal London for advisers

    Approaching income protection Watch our adviser films and find out how they approach the income protection conversation.     The value of income protection             Approaching the conversation             Target audience             Objection handling             Helping Hand             Claims experience           View these income protection videos on our Vimeo page.

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    Tools

    Income protection

  • Maximum benefit calculator - Royal London for advisers

    Maximum income calculator Work out the maximum income your client can apply for under Income Protection. Transcript Employee benefits packages can vary from one employer to another. So, when it comes to sick pay, no two clients are the same. While the lucky ones may receive a better deal than...

  • How netball made me assess my Income Protection needs - Royal London for advisers

    ...the importance of having Income Protection in place. Clearly a number of employers will pay for a short period of sickness, but what happens after that? I certainly couldn’t afford to be off work. For me it’s now a no-brainer – and I almost can’t believe I have waited so long to protect my income. Make...

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    Income protection

    Blog

    Personal protection

  • Key Person Income Protection - Royal London for advisers

    Key Person Income Protection No one wants to worry about what might happen to their business if a skilled employee can't work because of an injury or illness. Our Key Person Income Protection, through our Business Menu Plan, pays out a monthly income at the end of the chosen deferred period...

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    Business

    Income protection

    Key Person Cover

    ...

  • Attitudes towards income protection - Royal London for advisers

    Attitudes toward income protection Ross Jackson 19 September 2017 Share Share Royal London commissioned Opinium to run our State of the Protection Nation research to find out how people felt about their own protection needs and the industry as a whole. We surveyed people who had already taken out...

  • Business Protection Income Protection - Royal London for advisers

    Business Menu Income Protection Absence from work because of illness or injury is one of the biggest risks your clients face. Our Income Protection through our Business Menu Plan pays out a monthly income at the end of the deferred period if the person covered is either unable to work because...

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    Business

    Income protection

    Business covers

  • A quick checklist for reviewing income protection - Royal London for advisers

    A quick checklist for reviewing income protection Jennifer Gilchrist 20 November 2019 At Royal London, we believe that income protection is essential for all working age adults unless they have alternative financial support or lots of savings they can call on if they can’t work due to illness...

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    Personal

    Income protection

    Blog

  • Details of our Income Protection - Royal London for advisers

    Product details of our Income Protection Find out more about our Income Protection and how your clients can choose their own cover to suit their individual needs. We'll pay out Income Protection claims if your clients are unable to work due to sickness, accident or disability and meet our...

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    Personal

    Income protection

  • Financial underwriting limits - Royal London for advisers

    ...insurers. Select product type Personal Menu Plan Business Menu Plan Relevant Life Plan Select cover type Life Cover Critical Illness Cover Life or Critical Illness Cover Income Protection IHT Mitigation Life Cover Critical Illness Cover Life or Critical Illness Cover Income Protection Key Person Income...

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    Underwriting

  • Why mortgage clients need to consider income protection - Royal London for advisers

    Why mortgage clients need to consider income protection Vincent O'Connor 21 August 2019 When you hear the words ‘mortgage protection’ what do you instinctively think of? You’re probably thinking about life cover or critical illness cover? Or perhaps decreasing term assurance? These are all great...

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    Income protection

  • Protecting income & protecting lifestyle – the backup plan! - Royal London for advisers

    ...now made it clear that any income that people receive from insurance (such as Income Protection) which is specifically intended to cover their mortgage payments; this would be disregarded when their means tested benefits are assessed. Can an employer claim the Statutory Sick Pay they have paid...

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    Personal

  • The risks your clients face without income protection - Royal London for advisers

    The risk your clients face without income protection Tracey Miller 19 February 2019 Perhaps income protection and critical illness cover could be even more important than life insurance for your clients. Christmas might seem like a distant memory now. The ceremonious switching on of lights...

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    Personal

    Critical Illness Cover

    Income protection

  • Income protection for NHS medical professionals - Royal London for advisers

    Income Protection for NHS medical professionals You can set up our Income Protection plans to pay out in line with NHS sick pay arrangements. Just select a 52-week deferred period and make sure your client will meet these criteria at the time they claim to qualify: Works in a medical profession...

  • Product details of our Key Person Income Protection - Royal London for advisers

    Product details of our Key Person Income Protection Your clients can tailor their own cover to suit their needs. They can decide between level or increasing cover, select the length of their deferred period and choose how long they need their cover to pay out for. Plan choices - Key Person Income...

  • How family income benefit can provide an affordable protection solution - Royal London for advisers

    How family income benefit can provide an affordable protection solution Ross Jackson 20 January 2020 We’re all familiar with one of the key barriers to people taking out protection – affordability. In our recent State of the Protection Nation research, this was the top reason given by consumers...

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    Blog

  • Good advice has its benefits - Royal London for advisers

    , like contractors or those who are self-employed, may not even be entitled to receive that. More stress over how to pay the mortgage and bills isn’t something they need when they’re already feeling low. Two of the most common reasons for claims on our Income Protection last year were...

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    Income protection

    Personal protection

  • Family income benefit for tenants - Royal London for advisers

    Family income benefit for tenants Shelley Read 17 September 2020 Most people buy protection in some form whether it is life, income protection or critical illness cover when they buy a house*. However, tenants haven’t yet been through this process so the majority have no cover at all1. Admittedly...

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    Personal

    Opportunity

    Blog

  • Complete the protection treble for your clients - Royal London for advisers

    ...and Scotland I thought I’d talk about the protection treble of life cover, critical illness cover and income protection. Of these three, life cover is the most popular as it’s generally linked to a mortgage, critical illness is usually added as part of a combined life or earlier critical illness plan...

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    Personal

    Blog

    Personal protection

  • Why some claims get rejected and what you can do to help - Royal London for advisers

    ...didn’t attend those investigations until after the policy commenced.  Had we been aware of these outstanding investigations,  we would have postponed cover and therefore the claim was declined.  Income protection A significant challenge with income protection is ensuring the cover selected...

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    Personal

    Underwriting

    Claims

    ...

  • Income shortfall calculator - Royal London for advisers

    Income shortfall calculator How long could your clients cope if they were too ill to work? Use this tool to show your clients how Income Protection could help them avoid a shortfall in their monthly income if they’re too ill to work. Enter your client’s income, outgoings and savings details below...

  • Back to work? - Royal London for advisers

    ...obvious pressure on public finances explaining the shrinking state support as we've seen with the reduction in employment and support allowance (ESA), the move to Universal Credit and changes to support with mortgage interest. The advice opportunity for income protection is huge. In a 'Which' survey...

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    Blog

  • Target Market Statements - Protection products - Royal London for advisers

    . Personal Menu Plan Personal Menu – Life Cover Personal Menu – Life or Critical Illness Cover Personal Menu – Critical Illness Cover Personal Menu – Income Protection Personal Menu – Waiver of Premium (sickness) Business Menu Plan Business Menu – Income Protection Business Menu – Waiver of Premium (sickness...

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    Personal

    Business

    Life Cover

    ...

  • Mapping your recommendations to your clients' needs - Royal London for advisers

    ...in my working life, yet only an 11% chance of getting a critical illness, and a thankfully much smaller 3% chance of dying1. But life cover and critical illness sales outstrip income protection by some margin. Of course income protection might not be appropriate for every client, but running...

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    Personal

    Critical Illness Cover

    Income protection

    ...

  • Why it’s vital to provide holistic protection advice - Royal London for advisers

    ’ need areas. Several years ago, a client came to us looking for income protection. They’d been running their own consultancy business for a year and were finally getting around to looking at protection. When advising a client who gets in touch with a very specific need, it can be all too easy...

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    Life Cover

  • Use our national insurance calculator - Royal London for advisers

    ...they be required. And don’t forget Income Protection can be combined with other benefits, such as Life Cover so you can tailor a plan to suit the individual needs and budgets of your clients. Even a little bit of the right cover can help your self-employed clients protect themselves and their income. Want...

  • During your client meeting - Royal London for advisers

    ...and to see how the definition wording has changed over time. Equalisation calculator Use this calculator to work out and demonstrate a fair distribution of costs between shareholding directors or partners in relation to the overall cost of your business protection solution. Income shortfall...

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    Tools and support

  • Guide to family protection - Royal London for advisers

    ...prematurely. Family protection is all about having a financial safety net in place so that the family can remain financially secure should the unthinkable happen. Family protection can cover life insurance, critical illness cover and income protection. What is family protection? Most families would...

  • The split trust - Royal London for advisers

    The split trust We've designed the split trust for use where your clients want to put their life cover in trust for their chosen beneficiaries but retain access to certain benefits, for example income protection or critical illness cover (where they survive diagnosis by 30 days). Get our literature...

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    Trusts

  • Protection conversation in the current climate - Royal London for advisers

    ...clients' individual needs and budgets. The need for income protection This sales aid helps you to highlight the need for, and benefits of, income protection. Show your clients the risks they face Our risk reports help you explain why income protection and critical illness cover are often even more...

  • Use our protection tools - Royal London for advisers

    ...of cover they want. Financial underwriting limits Use this simple tool to reveal what evidence we need to see depending on the amount of cover asked for. Approaching income protection Our videos can support you with your client conversations about income protection. Medical conditions Use this tool...

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    Tools and support

  • What's for dinner tonight? - Royal London for advisers

    . And it’s when income protection should really begin to sell itself. If your client has been off work for a long period because of illness or injury, their employer will eventually stop paying them. And then what? According to research, the average UK household is only 32 days away from the breadline2...

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    Personal

    Income protection

    Blog

  • Personal protection - Royal London for advisers

    's Critical Illness Cover Income Protection Waiver of Premium (Sickness) Benefits of our Personal Menu Plan Deliver what your clients need –  mix and match a range of covers to suit your clients' individual needs. For example, by combining Income Protection with Life Cover you can make sure they've...

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    Personal

  • Life cover is essential, but - Royal London for advisers

    ...is recognising a need for protection cover doesn’t necessarily translate into an action to buy. A quarter of UK adults we surveyed have a life insurance policy (26%), however just 6% have critical illness cover and 4% have income protection. Perhaps unsurprisingly, those with children under 18 are more...

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    Blog

  • The advantages to adding indexation to a cover - Royal London for advisers

    ...at an insurance policy, however I wanted to remind us all of the massive advantages indexation included in a policy can offer  your clients, particularly for income-based covers. Why add indexation? Indexation comes into its own when we are looking at income-based insurance policies, such as income protection...

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    Personal

    Opinion

    Income protection

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  • 5th Money Laundering Directive and Trust Registration Service - Royal London for advisers

    ...such as the Association of British Insurers and the Investment and Life Assurance Group responded to the consultation asking for a wider definition to also exempt trusts for policies which provide benefits on diagnosis of a critical illness and temporary disability such as income protection plans written as part...

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    Tools

    Opinion

    Trusts

  • Our awards - Royal London for advisers

    Pensions 5 star rating for Drawdown Corporate Adviser Awards Best Provider Decumulation  Proposition 2019 Finance and Technology Research Centre Workplace Pensions - Gold Auto Enrolment - Gold Life Protection - Gold Mortgage Life Protection - Gold Family Income Benefit - Gold Business Protection - Gold...

  • Business protection - Key person protection for Partnership, LLPs and Sole traders - Tax implications - Royal London for advisers

    ...be less than the premiums paid. What if critical illness is included? Critical illness is not a chargeable event for tax purposes. In all other respects, the tax treatment in relation to premiums and proceeds will be the same as for life plans. Should income protection be included? Premiums paid...

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    Business

    Key Person Cover

    Loan protection

This website is intended for financial advisers only and shouldn't be relied upon by any other person. If you are not an adviser please visit royallondon.com.

The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. The firm is on the Financial Services Register, registration number 117672. It provides life assurance and pensions. Registered in England and Wales number 99064. Registered office: 55 Gracechurch Street, London, EC3V 0RL.